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CGS International raises target price for Info-Tech Systems to $1.35 following FY2025 earnings

The Edge Singapore
The Edge Singapore  • 2 min read
CGS International raises target price for Info-Tech Systems to $1.35 following FY2025 earnings
Babu Dilip, CEO of Indo-Tech Systems / Photo: Albert Chua
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Meghana Kande and Lim Siew Khee of CGS International have kept their "add" call along with a higher target price of $1.35 from $1.10 for Info-Tech Systems, after the software provider reported better FY2025 numbers than expected.

For the year the Dec 31 2025, the company reported a core net profit of $18 million, an increase of 46% over the preceding FY2024, driven by its "services" segment of providing training courses.

From just $5 million in FY2024, revenue from this business segment jumped to $15 million.

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